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SAICA Board approves the issuing of public statements regarding the progress and outcome of its disciplinary hearings

Johannesburg, 7 June 2018 – The South African Institute of Chartered Accountants (SAICA) has amended its by-laws to permit the issuing of public statements by the SAICA chief executive officer (CEO) regarding the institution of any complaint or investigation or action against a member once a draft charge sheet or a charge sheet has been issued to such member and such matter, complaint, investigation or action is, in the opinion of the CEO, in the public interest. This decision is aimed at ensuring that the transparency of the SAICA disciplinary processes is enhanced.

SAICA hereby informs stakeholders and the public that the disciplinary hearings of:

Mr. Khayelihle Sibusiso Sithole; and
Mr. Munroe Ivan Swirsky,
will take place on 22 June 2018 at 9:00 at SAICA’s head office, 17 Fricker Road, Illovo, Sandton.
All disciplinary hearings before the Disciplinary Committee are open to the public, unless exceptional circumstances exist which warrant such hearings to be held in camera.

Although disciplinary hearings before the Disciplinary Committee are open to the public, the evidential documents which form part of the disciplinary hearings are confidential and the public will not be provided access to such documents under any circumstances.
Further details regarding disciplinary hearings are available at the SAICA disciplinary hearing roll

About SAICA
The South African Institute of Chartered Accountants (SAICA), South Africa’s pre-eminent accountancy body, is widely recognised as one of the world’s leading accounting institutes. The Institute provides a wide range of support services to more than 46 000 members and associates who are chartered accountants [CAs(SA)], as well as associate general accountants (AGAs(SA)) and accounting technicians (ATs(SA)), who hold positions as CEOs, MDs, board directors, business owners, chief financial officers, auditors and leaders in every sphere of commerce and industry, and who play a significant role in the nation’s highly dynamic business sector and economic development.

SAICA Media Contacts
Kulani Chauke
Communication Coordinator: Corporate
SAICA Brand Division
011 479 0698
kulanic@saica.co.za

Sent on behalf of:

Fanisa Lamola
Acting CEO: SAICA

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